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Lamborghini reveals 2011's new V12 supercar engine

Lamborghini today announced the first details of its new V12 engine and transmission, which Lamborghini president and CEO Stephan Winkelmann promises will be 'the strong heart of the Murcielago successor next year.' It's to be the first clean-sheet Lamborghini engine since the original V12 first appeared in the 350GT, nearly 50 years ago. Lamborghini is keen to promote the low weight yet high performance of the new V12, which produces 700bhp yet tips the scales at only 235kg. Sant'Agata has also announced a new transmission for the Murcielago successor.

VW Jump Starts City Car's Appeal

VOLKSWAGEN has become the latest firm to launch a pure electric car in the UK. The firm is kicking off its campaign with an electric version of its already popular up! city car.

BARONS ENDS YEAR ON HIGH

AUCTION HOUSE Barons has celebrated a successful classic car auction with 44 successful sales and a 1959 Aston Martin DB MKIII DHC making £175,000. The classic Aston had belonged to the same family since it was three-months-old and was joined by another DB MKIII example, a rolling restoration project that fetched £70,000. Another notable sale was a "time-warp" 1970 Ford Escort Delux MkI, which had covered just 2,600 miles in 40 years.